Indonesian Rupiah

Indonesian Rupiah

The rupiah (Rp) is the official currency of Indonesia. Issued and controlled by the Bank of Indonesia, the ISO 4217 currency code for the Indonesian rupiah is IDR. The name "Rupiah" is derived from the Indian word rupiya (रुपीया), ultimately from Sanskrit rupyakam (रूप्यकम्; silver). Informally, Indonesians also use the word "perak" ("silver" in Indonesian) in referring to rupiah. The rupiah is subdivided into 100 sen, although inflation has rendered all coins and banknotes denominated in sen obsolete. Introduced in 1946 by Indonesian nationalists fighting for independence, the currency replaced a version of the Netherlands Indies gulden which had been introduced during the Japanese occupation in World War II. In its early years the rupiah was used in conjunction with other currencies, including a new version of the gulden introduced by the Dutch. The Riau islands and the Indonesian half of New Guinea (Irian Barat) had their own variants of the rupiah in the past, but these were subsumed into the national rupiah in 1964 and 1971 respectively (see Riau rupiah and West Irian rupiah).

Swedish Krona

Swedish Krona

The krona (Swedish: [²kruːna]; plural: kronor; sign: kr; code: SEK) has been the currency of Sweden since 1873. Both the ISO code "SEK" and currency sign "kr" are in common use; the former precedes or follows the value, the latter usually follows it but, especially in the past, it sometimes preceded the value. In English, the currency is sometimes referred to as the Swedish crown, as krona literally means crown in Swedish. The Swedish krona was the ninth-most traded currency in the world by value in April 2016.One krona is subdivided into 100 öre (singular and plural; when referring to the currency unit itself, however, the de facto plural form is ören). However, all öre coins have been discontinued as of 30 September 2010. Goods can still be priced in öre, but all sums are rounded to the nearest krona when paying with cash.

1617 Indonesian Rupiah to Swedish Krona exchange rates chart

1617 IDR to SEK exchange rates graph
1617 IDR to SEK Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

1617 IDR to SEK exchange rates table

Exchange IDR to SEK
1617 Indonesian Rupiah = 0.991 Swedish Krona
3234 Indonesian Rupiah = 1.983 Swedish Krona
8085 Indonesian Rupiah = 4.957 Swedish Krona
16170 Indonesian Rupiah = 9.913 Swedish Krona
Exchange Indonesian Rupiah to Swedish Krona
1617 Indonesian Rupiah to Swedish Krona Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

Best IDR/SEK rate at FOREX Bank in Stockholm

1617 IDR to SEK exchange rates at FOREX Bank in Stockholm
1617 Indonesian Rupiah = 92.654 Swedish Krona
FOREX Bank
FOREX Bank

About FOREX Bank FOREX Bank 50 år We sell basic banking services with personal service and high availability. History From a barber shop to over 110 branches in four countries. It all started at Gyllenspets barber shop at Stockholm Central Station. Gyllenspets learnt that many of his customers were tourists, who also was in need of currencies (local and foreign). With time, his barber shop turned into a small foreign exchange bureau that was run up until the 1960s by the Swedish State Rail...

Best IDR/SEK rate at Smartdeal in Jakarta

1617 IDR to SEK exchange rates at Smartdeal in Jakarta
1617 Indonesian Rupiah = 0.948 Swedish Krona
Smartdeal
Smartdeal

The company started under the name PT. Dinamis Citra Swakarsa which was founded in 1998 by Mr. Pongky Majaya. PT Dinamis Citra Swakarsa provide wholesale currency exchange services in Jakarta and has been successful ever since. PT Dinamis Citra Swakarsa operates with license from Bank of Indonesia No.5/218/KEP.Dir.PM/2003 On 28th of November 2011 the company expanded its product line and created PT. Solusi Multi Artha which operates in remittance services with license from Bank of Indonesia...

1617 IDR to SEK exchange rates news

High baht putting off tourists – and foreign residents
High baht putting off tourists – and foreign residents

There seems to be alarm, almost bordering on panic, at the falling tourist statistics, and many sectors are commenting on ways to reverse this trend, including waiving visa fees.

conditional neutral
Indonesia's latest economic stimulus package: What you need to know

The Indonesian government is going on a streak to weather down external shocks affecting the countrys economic performance.

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Indonesia c.bank surprises with 6th rate hike to shore up rupiah

C.bank unexpectedly hikes benchmark 25 bps to 6.00 pct; BI has raised key rate six times in 2018, by 175 bps; BI gives banks more liquidity.

indicative neutral
Fund managers place bets on Asia's oversold assets

: THE BUSINESS TIMES Banking & Finance - AS contagion from worries over global growth and trade friction pushes Asian equity, bond and currency markets deeper into bear territory, fund managers are hunting for bargains in Chinese and Indian equities and high-yielding Asian dollar bonds.. Read more at The Business Times.

indicative negative
Indonesia: October trade deficit is second worse since April 2014
Indonesia: October trade deficit is second worse since April 2014

A weak trade performance in October could still see a current account deficit at -3.3% of GDP in 4Q and a full year current account deficit of -3% of GDP

indicative neutral
GLOBAL MARKETS-Stocks struggle higher, dollar sapped by rate hike...

World shares struggled higher on Monday amid conflicting signals of a potential truce in the China-U.S. trade dispute, while the Federal Reserve's new-found concerns over the global economy sapped the dollar.

imperative neutral
Apple, trade woes sink stocks; growth worries drag on dollar

World stock markets fell on Monday as worries about softening demand for the iPhone dragged down shares of Apple Inc and persistent trade tensions between China and the United States sapped investor sentiment. Concerns about slowing economic growth also pushed down the dollar. The U.S. benchmark S

conditional neutral
MARKET ANALYSIS: TSX Ends Flat Again

OTTAWA (Alliance News) - After a weak start and a subsequent long spell in negative territory due ...

conditional positive

1617 IDR to SEK currency converter